P/E ratio for Freehold Royalties (FRU.TO)
P/E ratio as of May 2024 (TTM): 13.1
According to Freehold Royalties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.0815. At the end of 2022 the company had a P/E ratio of 11.5.
P/E ratio history for Freehold Royalties from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.5 | -47.81% |
| 2021 | 22.0 | -154.35% |
| 2020 | -40.4 | -122.74% |
| 2019 | 178 | 179.5% |
| 2018 | 63.6 | -54.33% |
| 2017 | 139 | -208.13% |
| 2016 | -129 | -111.86% |
| 2015 | > 1000 | 5239.12% |
| 2014 | 20.3 | -21.8% |
| 2013 | 26.0 | -17.55% |
| 2012 | 31.5 | 49.54% |
| 2011 | 21.1 | -12.48% |
| 2010 | 24.1 | 2.24% |
| 2009 | 23.6 | 398.98% |
| 2008 | 4.73 | -100.61% |
| 2007 | -780 | -4945.37% |
| 2006 | 16.1 | 15.53% |
| 2005 | 13.9 | -6.58% |
| 2004 | 14.9 | 8.55% |
| 2003 | 13.7 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.